| Read Time: 2 minutes | Wells Fargo Advisors Complaints |


Anthony Lapia Of Wells Fargo Clearing Services Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Anthony Lapia of Wells Fargo Clearing Services?

Anthony Lapia (CRD #1560467) who is currently registered with Wells Fargo Clearing Services and located in Houston, Texas is a subject of one of our many securities industry sales practice abuse investigations.

Anthony Lapia Customer Complaints

Anthony Lapia has been the subject of 4 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Anthony Lapia’s  4 customer complaints resulted in an arbitration award in favor of the investors. Two of Anthony Lapia’s customers complaints were denied and, to date, the customers have not taken any further action. There is currently one pending customer complaint filed against Wells Fargo Clearing Services for investment losses caused by Anthony Lapia’s alleged misconduct.

Allegations Against Anthony Lapia

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Claimants alleged Anthony Lapia over-concentrated their portfolio in unsuitable investments. Attorney for clients also complained that the financial advisor engaged in an unsuitable trading strategy, which did not match their investment objectives.
  • Counsel for Texas customers alleged Anthony Lapia engaged in unauthorized margin trading and made poor investment choices mostly in tech stocks that resulted in the entire depletion of the customers’ account.
  • Texas resident complained that Anthony Lapia failed to follow her instructions to put a stop sale on purchase of 5000 shares.

Anthony Lapia Red Flags & Your Rights As An Investor

Of course, Anthony Lapia did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Anthony Lapia at Wells Fargo Clearing Services on alert to review carefully the activity and performance of their accounts and question whether Anthony Lapia has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Wells Fargo Clearing Services also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Wells Fargo Clearing Services Due To Anthony Lapia

If you have questions about Wells Fargo Clearing Services and/or Anthony Lapia and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars